49 North Resources (CVE:FNR) Sets New 1-Year Low – Time to Sell?

49 North Resources Inc. (CVE:FNRGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 91000 shares. The stock had previously closed at C$0.03.

49 North Resources Stock Performance

The firm’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a current ratio of 0.92, a quick ratio of 1.26 and a debt-to-equity ratio of 68.69. The stock has a market capitalization of C$3.33 million, a PE ratio of -2.50 and a beta of 0.73.

About 49 North Resources

(Get Free Report)

49 North Resources Inc is a venture capital firm specializing in seed capital and early stage investments. The firm typically invests in a diversified portfolio of common shares and other securities of resource issuers including all sectors of mineral exploration as well as oil and gas exploration and production around the globe.

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